7933 Brainerd RdChattanooga, TN 37421
- Retail properties
- 4,930 SF
Property Details for 7933 Brainerd Rd
- Year built
- 2017
- Lot size
- 0.75 AC
- Property size (Sq ft)
- 4,930 SF
- Zone code
- C2
- Property type
- Retail properties
- Property subtype
- Other car washes
- APN
- 159P B 011.01
- APU
- 159PB01101
Description
This thriving Chattanooga car wash business, located at 7933 East Brainerd Road, is offered for sale at $1,700,000. The 4,950 square foot facility sits on a 0.58-acre lot zoned C-2, boasting excellent visibility and high traffic counts exceeding 31,000 AADT. Built in 2017, this single-story building is currently operating and includes all equipment and real estate in an asset sale. Its prime location offers easy access from East Brainerd Road, just before the Igou Gap intersection, placing it near major retailers, restaurants, I-75, Chattanooga Airport, Volkswagen Chattanooga, and an Amazon Fulfillment Facility. The property benefits from a loyal customer base and recently updated equipment. While no financials are provided, a 2020 appraisal valued the property at $2.2 million. This represents a significant investment opportunity for a motivated buyer. The sale includes the business, equipment, and real estate. Please note that this is an AS-IS sale.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,532,793
- 6.5%
- $1,414,886
- 7%
- $1,313,823
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,023,680
- Geo Method
- $2,423,348
-
Alternative Use
- Use
- Valuation
- Residential
- $1,193,509
- Hospitality
- $1,093,248
- Educational
- $909,570
- Medical
- $940,851
- Retail
- $1,414,886
Location Insight
- City
- Chattanooga
- County
- Hamilton
- State
- Tennessee
- Latitude
- 35.0064
- Longitude
- -85.153
- CBSA code
- 16860
- CBSA name
- CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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